ABSTRACT

Community economic development functions best when community building and development exist and productively operate in a neighborhood or community. Community building and development aim at producing a community with an expressed interest in, and action toward, wealth building. The community-building movement argued the necessity of bringing community residents back into the equation by supporting the development of social capital as the key end goal, which sets the stage for collective action and voice on other issues. Public sector and philanthropic attention to community and economic development in the early 1960s began with concerns about ineffective schools and youth crime. The networked system has established a visible effective statement that the city is using information technology, planning, and management to improve the basics of service provision. Community organizers also use the neighborhood-indicators process to work with government and the private sector to improve goods and services for the community.